Commodity Manager

Commodity Manager

Dundee Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage supplier relationships and drive cost reduction strategies in a global supply chain.
  • Company: Join Dover Fueling Solutions, a leader in innovative fuel dispensing technology.
  • Benefits: Enjoy hybrid or remote work options and a supportive team culture.
  • Why this job: Be part of a dynamic team making a real impact in supply chain management.
  • Qualifications: Degree qualified with five years' experience in a similar role; technical knowledge is essential.
  • Other info: International travel may be required to engage with suppliers.

The predicted salary is between 42000 - 84000 £ per year.

Location: Dundee/hybrid or Remote working available

Position Summary:

The Commodity Manager is responsible for managing supplier relationships from a diverse and global supply base, delivering cost reduction and supply strategy to ensure delivery of a World Class Supply Chain for the assigned commodity(s). This role is globally focused delivering solutions to all Dover Fueling Solution sites and requires coordination with a diverse network of stakeholders.

The Commodity Manager will take complete ownership of every aspect of the supplier’s performance in the assigned portfolio in terms of safety, quality, delivery and cost and will serve as an escalation point for resolving major supply issues within their assigned commodity or commodities. Tasks or issues related to suppliers outside this portfolio may be assigned on an ad-hoc basis.

Key Responsibilities:

  • Exemplify Dover Zero harm rules in support of a safe working environment.
  • Develop and maintain supply strategy in line with Dover Code of Conduct for assigned commodities aligned to business and supply chain requirements based on analysis of available data.
  • Act as focal point and subject matter expert in global market for assigned commodity. Provides commodity, technology, and supplier market know-how to the organisation.
  • Strategic sourcing: Developing and implementing of world class total cost improving supply sources at both supplier and component. Develop cost baseline & inflation forecasts for assigned commodity(s). Keep current on commodity market, cost drivers and economic outlook to guide strategy, perform data analysis on commodity spend, supplier performance and market intelligence.
  • Supplier management: Identifying and evaluating suppliers and managing relationships to ensure quality, cost-effectiveness and reliability. Own and manage supplier relationships for assigned portfolio based on Safety, Quality, Delivery, Cost and Capacity using formal SRM processes, PFEP, ensuring suitable supporting contract mechanisms are in place, understand and drive cost-out.
  • Cost management: Able to drive significant cost reduction initiatives though coordination with internal stakeholders (engineering, planning, materials), VA/VE leveraging market knowledge and total cost understanding.
  • Risk management: assessing and mitigating risks related to sourcing and supply chain activities, such as supply chain disruptions, price fluctuations, and regulatory changes.
  • Project coordination: Collaborating with project managers, engineers, and other stakeholders to support construction projects by providing timely procurement of required goods.
  • Contract management: Overseeing the entire contract life cycle. Oversee suppliers to continuously improve quality, cost, delivery, and service to support supply chain operations.
  • Compliance: Ensuring compliance with company policies, industry regulations, and ethical standards in procurement activities.
  • Data Analysis: Utilising data analytics tools to gather and analyse procurement data, identify trends, and make data-driven decisions to optimise procurement process.
  • Continuous improvement: Identifying opportunities for process improvements, implementing best practices and driving continuous improvement initiatives with procurement function.
  • Report on current condition of supply base in terms of dashboard data, demonstrating corrective actions and problem-solving activity have been deployed to address issues.
  • Demonstrating professional supply chain best-practices and developing documented processes, procedures and methods to embed them in the organisation. Identifying and mitigating supply chain risk.
  • Support Technology on new product development.
  • Work with Engineering to develop / align castings / Machining and Plastics sourcing road maps to long term sourcing strategies.
  • Communication: Communicating effectively with internal stakeholders, suppliers and other external parties to facilitate smooth sourcing and supply chain operations and achieve project objectives. Coaching and mentoring team members and stakeholders. Organise team workload and priorities as applicable.
  • International travel may be required to visit suppliers or other Dover locations.

Candidate Profile:

  • An ambitious individual with experience of working in a similar role within a large global manufacturing organisation.
  • Detail and process orientated approach.
  • Strategic mindset.
  • Ability to use data to support excellent decision making.
  • Excellent time management skills with the ability to prioritise in a complex environment.
  • Demonstrates full accountability and ownership for all aspects of assigned areas of responsibility.
  • Persistence in problem solving approach with ability to deliver solutions that address the issue effectively.
  • Confident and familiar with the requirements of successful negotiation.
  • Leading and influencing decision making in stakeholder departments – effective communication.
  • Able to be flexible in both approach and outlook.
  • Comfortable in presenting information in a variety of formats to senior management.
  • Willingness to engage with stakeholders (engineering, marketing, sales) to understand Dover products and customer requirements and ensure they are reflected in our supply chain.
  • Self-motivated and orientated towards improvement/development of responsibilities - flexible in accepting accountabilities.
  • Able and willing to travel to suppliers or other DFS locations regularly and as required by the needs of the business.

Candidate Experience and Qualifications:

  • Degree qualified or able to demonstrate suitable relevant experience.
  • Minimum of five years working in a similar role, showing consistent career progression to current level preferably within an engineering or high-volume manufacturing environment.
  • Must have Commodity specific technical knowledge regarding tooling, casting methods, foundries, etc. and understand the Castings, Machining and Plastic market and supplier base thoroughly.
  • Familiarity with Oracle ERP systems an advantage.
  • Proficient in use of MS packages.
  • Level 5 or 6 CIPS qualification an advantage.
  • Expert in the development, deployment and administration of service contracts and terms and conditions.
  • Excellent English (verbal and written).

Commodity Manager employer: Dover Fueling Solutions

Dover Fueling Solutions is an exceptional employer, offering a dynamic work environment in Dundee with the flexibility of hybrid or remote working options. Our commitment to employee growth is evident through continuous improvement initiatives and opportunities for professional development, while our strong focus on safety and ethical standards ensures a supportive workplace culture. Join us to be part of a global team that values innovation and collaboration, driving meaningful change in the supply chain industry.
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Contact Detail:

Dover Fueling Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commodity Manager

✨Tip Number 1

Network with professionals in the manufacturing and supply chain sectors. Attend industry events or join relevant online forums to connect with others who may have insights into the Commodity Manager role or even know about openings at StudySmarter.

✨Tip Number 2

Familiarise yourself with the latest trends in commodity management, especially in castings, machining, and plastics. Being knowledgeable about current market conditions and cost drivers will help you stand out during interviews.

✨Tip Number 3

Prepare to discuss your experience with supplier relationship management and how you've successfully driven cost reductions in previous roles. Real-life examples will demonstrate your capability and strategic mindset.

✨Tip Number 4

Showcase your data analysis skills by being ready to explain how you've used data to make informed decisions in past positions. This is crucial for a Commodity Manager, as data-driven strategies are key to optimising procurement processes.

We think you need these skills to ace Commodity Manager

Supplier Relationship Management
Strategic Sourcing
Cost Management
Risk Management
Data Analysis
Contract Management
Project Coordination
Continuous Improvement
Negotiation Skills
Communication Skills
Time Management
Problem-Solving Skills
Technical Knowledge of Castings, Machining, and Plastics
Familiarity with Oracle ERP Systems
Proficiency in MS Office Packages
CIPS Qualification (Level 5 or 6)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in supplier management, cost reduction, and strategic sourcing. Use specific examples that demonstrate your ability to manage supplier relationships and deliver results in a global manufacturing environment.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Commodity Manager role and how your background aligns with the key responsibilities outlined in the job description. Mention your strategic mindset and experience in risk management and data analysis.

Highlight Relevant Skills: Emphasise skills such as negotiation, communication, and project coordination. Provide examples of how you've successfully influenced decision-making in previous roles and how you can bring that expertise to the new position.

Showcase Continuous Improvement Initiatives: Discuss any past experiences where you've identified opportunities for process improvements or implemented best practices in procurement. This will demonstrate your commitment to driving continuous improvement within the supply chain.

How to prepare for a job interview at Dover Fueling Solutions

✨Research the Company and Industry

Before your interview, make sure to thoroughly research the company and its position in the industry. Understand their products, services, and recent developments, especially in the context of supply chain management and commodity sourcing.

✨Prepare for Behavioural Questions

Expect questions that assess your problem-solving skills and ability to manage supplier relationships. Use the STAR method (Situation, Task, Action, Result) to structure your responses, highlighting relevant experiences from your past roles.

✨Showcase Your Data Analysis Skills

Since the role involves data analysis for procurement decisions, be prepared to discuss your experience with data analytics tools. Bring examples of how you've used data to drive cost reductions or improve supplier performance in previous positions.

✨Demonstrate Your Negotiation Experience

Negotiation is key in this role, so be ready to share specific examples of successful negotiations you've led. Highlight your strategies and the outcomes, focusing on how you achieved cost savings or improved supplier terms.

Commodity Manager
Dover Fueling Solutions
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